Financial Federal posts Q4 earnings of $8.2M

MichaelBaron

NEW YORK (CBS.MW) -- Financial Federal
FIF, +0.91%
reported fourth-quarter earnings of $8.2 million, or 48 cents per share, up from its year-ago profit of $6.9 million, or 38 cents per share, and 2 cents ahead of the average estimate of analysts polled by Thomson First Call. The New York-based financial services provider said it remains hopeful that it will have higher growth rates for its business in fiscal 2005 despite high energy prices and the prospect of higher short term interest rates. The stock closed Friday at $36.30, up 2.3 percent.

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